Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Zoomed higher to Y+2 and consolided since. Later in the week, drifted higher and eventually breakout to the upside. Closed the week at week high and above Y+3. Outlook Out of ...READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREESNQAH High2434.506123.00AH Mid2412.636061.13AH Low2390.755999.25READ MORELawrence's Comment Recap Double top setup in place right from the start of the week. Test of Y-0 rejected giving us retest of Y-1 and gapped down to Y-2 and below. The ...READ MOREESNQAH High1280.752230.00AH Mid1273.752220.13AH Low1266.752210.25READ MOREIntraday Cycle Projection (SPY) 2013-05-13Nasdaq 100 May 20 to May 24 Outlook3DP Odds Table (SPY) 2018-03-23Precog Vision – US Indices 2011-12-8Nasdaq 100 Mar 25 to Mar 29 OutlookES Chart 2013-05-093DP Odds Table (ES) 2016-02-29US Market Pre-Open 2018-12-25Dow 30 Feb 15 to Feb 19 OutlookUS Market Pre-Open 2011-6-23
As Featured In
S&P 500 Sep 26 to Sep 30 Outlook
Lawrence’s Comment
Unfolded completely as expected. Failed at Y+1 as resistance, sold off back down to 1100 area. Closed the week below Y-1.
Outlook
A retest of B-1 is expected but difficult to engage on a swing basis. The gap is of almost 30 points in range and news shock can easily send ES up to fill the gap above first thus killing most of the downside potential.
Daytrading is preferred in dealing with late stage flush mode situation like now.
Share